Phoenixonline1.Club Review: Legit Or Scam? [Truth Revealed]

Phoenixonline1.club platform is one of the recent investment platforms that was launched in Nigeria. However, there are many questions arising about this platform which raised eyebrows. And these questions are what we will address in this article.

Note: Bhustle is not under any partnership deal from Phoenixonline1.club to write this review article. We simply carried out our research and penned down our findings.

Some of the questions we will be addressing include; is Phoenixonline.club  legit or scam? How to make money on Phoenixonline1? How to withdraw earnings on Phoenixonline1.club? When was Phoenixonline1 launched? And so much more!

Feel free to make use of the table of contents below to enable you to navigate through this article easily. Also leave a comment down below this article of you have any questions or contributions to make about Phoenixonline1. Without further ado, let’s begin! 




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What Is Phoenixonline1.Club

One important question people ask about Phoenixonline1 is, what exactly is Phoenixonline1.club? This website claims to be a subsidiary company to a lather brand known as phoenix contact.

Phoenix contact is a company that deals in industrial automations and electrical engineering. Boasting of employing over 20,000 people worldwide. This company (phoenix contact) was established in 2013 as a small start up enterprise.

However, Phoenixonline1 is an investment platform where users invest and earn a daily return on their investment. Although they claim to be a branch of the Phoenix contact company, that is entirely not true.

But not so fast, we will look into more details about this later on in this article. For now let us see how Phoenixonline1 works and how users make money from this platform.

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How Does Phoenixonline1 Work

Phoenixonline1.club functions just like any other investment scheme;

👉 Interested users sign up and create a new account on Phoenixonline1.

👉 Interested users then fund or deposit money into their Phoenixonline1.club account.

👉 They then choose any if the available investment plans on Phoenixonline1 (the least costs ₦3000).

👉 They proceed to earn consistent daily profits for a period of 100 days.

👉 They withdraw their earnings to their local bank accounts.

This is the basic working system of the Phoenixonline1 platform starting from the signup stage to the withdrawal stage.

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Is Phoenixonline1.Club Legit Or Scam?

As much as many might oppose this, Phoenixonline1.club is not a legit website. Yes, we understand that many people have received their payment from Phoenixonline1. However there are many stones left unturned about this website that makes it sketchy. Even if you are a user of the platform and have received your payment before ensure to take note of the following while threading on Phoenixonline1;

📌 They do not have an SSL certificate hence, Google deems them as an insecure website.

📌 The owners of this platform are unknown or anonymous.

📌 They are a photocopy of a legit business (Phoenixcontact.com).

📌 Their return on investment is too high to be genuine (over 2000% returns in 100 days).

These are some of the mega loopholes of Phoenixonline1 which you need to take into consideration while on this platform. Judging by this, we do not think this platform will last. Like many others before it, it might not exist beyond 3 months.

If you are still interested in signing up on Phoenixonline1.club and making money on this platform, follow the guide below.

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How To Register On Phoenixonline1.Club

To register and create a new account on Phoenixonline1 follow the steps below;

👉 CLICK HERE to proceed to the registration/sign up form.

👉 On the registration form as seen below, input your phone number, password and solve the captcha code (just input the numbers by the side).

👉 Finally click on SIGN UP.

Congratulations👏, you have successfully created your Phoenixonline1.club account. Follow the steps below to start earning on this platform.

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How To Make Money On Phoenixonline1.Club

Just like we have seen earlier on, making money on Phoenixonline1.club only requires you to make an investment. The least investment plan costs ₦3000 and generates ₦850 daily profit for 100 days.

👉 Login to your Phoenixonline1 account.

👉 On the homepage scroll down the page to the Phoenix investment plans.

👉 Go through the plans and choose an investment option of your choice.

👉 On the pop up tab that displays, confirm your payment by clicking on Invest Now.

Congratulations👏, you have successfully made your first investment on Phoenixonline1.club, your daily profits will reflect the next day.

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How To Withdraw Earnings On Phoenixonline1.Club

The minimum withdrawal amount on Phoenixonline1 is ₦1000. To  place/request for withdrawals, follow the steps below to get started;

👉 Login to your Phoenixonline1.club account.

👉 On your dashboard click on the withdraw button as seen below;

👉 On the withdrawal form, input the amount if money you want to withdraw and click on Withdraw Now.

Congratulations👏, you have successfully placed your first withdrawal on Phoenixonline1 platform. Your payment should be made within 48 hours of your withdrawal request.

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Pros

👍 They offer a free ₦100 sign up bonus to all new members.

👍 The minimum investment amount is ₦3000.

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Cons

👎 Phoenixonline1 is a ponzi scheme.

👎 They do not have a valid SSL certificate.

👎 Their owners are anonymous/unknown.

👎 Phoenixonline1.club is a duplicate if a legit business (Phoenixcontact.com).

See Also:

Final Verdict

Finally we urge interested people to only register on Phoenixonline1.club with money they are willing to lose. Always remember that as long as the missing items dictated in this article about Phoenixonline1 are not stipulated, it remains a ponzi scheme. Do ensure to thread wisely!

Also we have reviewed a lot of legitimate websites where you can earn money by working legitimately on the internet. CLICK HERE to access them for free.

Do ensure to join our community of over 2000+ subscribers on YouTube where we share the latest ways to earn money online. CLICK HERE to subscribe for free.

Kindly leave your questions, contributions or confusions in the comments box below, peace.

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About Stefan C.

Focused On bringing you the best educational and finance related topics that will impact your life and the lives of millions.
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6 thoughts on “Phoenixonline1.Club Review: Legit Or Scam? [Truth Revealed]

  1. Pls why is withdrawal still under processing since on 11th of August n also ticket is not allocated to my recharge of #3000

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